If you notify your bank within two days of discovering fraudulent charges, you are only liable for up to fifty dollars.
How may I contest a false charge?erroneous claims: Call the company that issued your credit card, ask them to stop the charges, then ask for a replacement card. Errors in billing If the problem cannot be resolved through communication with the merchant, then try contacting your credit card company to dispute the transaction.
How do you handle unauthorized credit card charges?Make an immediate call to your bank. It's crucial to tell the bank as soon as you find any unauthorized charges in order to reduce your liabilities (s). The bank might receive your notification verbally, in writing, or by phone.
To know more about fraudulent charge visit:
https://brainly.com/question/22429902
#SPJ4
which of the following totals and subtotals are not found on a multiple-step income statement? multiple choice cost of goods sold total current assets net sales total operating expenses net income
Revenue, costs, and net income are all included in the income statement (loss). Users can calculate additional data including gross profit, income from continuous activities, total operating expenses, and net sales using an income statement with numerous phases. Instead of the income statement, the balance sheet contains information on current assets.
What is balance sheet ?
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, a financial statement. One of the three fundamental financial statements used to assess a company is the balance sheet. The assets and liabilities of a corporation as of the publication date are shown in a snapshot.
To know more about information visit;
https://brainly.com/question/27798920
#SPJ1
Real GDP, unemployment, and ____ are the main statistics used by economists to assess the health of the economy.
Real GDP, unemployment, and inflation are the main statistics used by economists to assess the health of the economy.
What are the three measures of a healthy economy?
Once upon a time, the inflation rate, unemployment rate, and growth rate of the gross domestic product were the three main indicators of economic health that could be used to determine the state of the economy.
Why does inflation occur?
The rate of price growth over an extended period of time is known as inflation. The cost of living in a nation has increased, or prices have generally increased.
These are examples of broad measures of inflation. As household incomes improve as a result of more jobs and higher earnings and an increase in consumer spending, the potential for price increases by businesses to raise the cost of their goods and services increases.
Learn more about Inflation
brainly.com/question/30112292
#SPJ1
Merrick Company computes a predetermined overhead rate at the beginning of the year and uses it to apply overhead to jobs throughout the year. Merrick has several custom jobs in process. One of these jobs, C628, was in Work in Process Inventory at the beginning of month. Job C628 had direct materials of $6,200, direct labor of $8,680, and overhead of $17,360. If Merrick applies overhead based on direct labor cost, what is Merrick’s predetermined overhead rate for the year?
A) 50%
B) 200%
C) 140%
D) 280%
The predetermined overhead rate for the year is 50%.
What is overhead rate?The overhead rate is the proportion of a company's overhead, like as its rent and other administrative costs, to its direct costs, sales, or other inputs, like the number of hours a machine works. It gives business owners and managers a comparison of indirect expenses to, say, their direct production costs or total sales. The overhead rate is calculated by multiplying the indirect costs by the direct costs by 100. If your overhead rate is 20%, it indicates your company spends 20% of its income on the creation of goods or the rendering of services. A reduced overhead rate means greater productivity and earnings.
To learn more about overhead rate click,
https://brainly.com/question/26372929
#SPJ1
which of the following statements is correct? question 24 options: a time line is not meaningful unless all cash flows occur annually. time lines are useful for visualizing complex problems prior to doing actual calculations. time lines cannot be constructed in situations where some of the cash flows occur annually but others occur quarterly. time lines cannot be constructed for annuities where the payments occur at the beginning of the periods. some of the cash flows shown on a time line can be in the form of annuity payments, but none can be uneven amounts.
b. Timelines can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly. This statement is correct.
What in time value of money is a time line?If any cash flows do not happen annually, a time line is meaningless. When certain financial flows occur annually while others happen quarterly, time lines might be created. Annuities with payments made at the start or end of the periods might have time lines established.
An annuity must have equal cash flows that are distributed at regular periods, such as once a year or once a month. The cash flows for an annuity must be equal and happen at equal intervals.
To know more about Timelines, refer to:
https://brainly.com/question/29056994
#SPJ1
who typically coordinates a project when one functional area plays a dominant role, or has a dominant interest, in a project being executed with a functional organization structure? multiple choice question.
The projectized form of mission management structure is in many instances used when one practical area performs a dominant function in completing the undertaking or has a dominant interest in the success of the project.
Which of the following is generally the duty of a mission manager?This consists of placing and managing consumer expectations, developing a distinct task plan, defining the scope of the project and assigning crew contributors to particular tasks.
The projectized shape of venture management shape is commonly used when one purposeful vicinity performs a dominant role in completing the undertaking or has a dominant activity in the success of the project.
Learn more about dominant interest here:
https://brainly.com/question/21648646#SPJ4the responsibilities and tasks of managers have changed substantially in recent years due to changes in .multiple choice question.political pressures and regulationsglobal competition and advances in technologythe numbers of undergraduate and graduate level management programslocal competition and energy technology
b) The duties and demands of managers have evolved significantly in recent years as a result of changes in information technology and global competition.
Information technology: What is it?Information technology (IT) is the use of computers, storage, networking, and other physical equipment, processes, and infrastructure to create, process, store, and exchange all types of electronic data. IT is frequently employed in the context of commercial operations as opposed to the technology utilized for personal or recreational use.
Computer and telecommunications technologies are both a part of IT used for business. The phrase "information technology" was first used by the Harvard Business Review to distinguish between general-purpose computing devices that could be programmed for a variety of jobs and machines constructed specifically to accomplish a narrow range of tasks.
Learn more about information technology with the help of the given link:
brainly.com/question/29244533
#SPJ1
marketing organizations’ decisions to offer ______________________ often attracts competitive entry; whereas decisions to offer ________________ generally discourage market entry by new competitors.
Marketing organizations' decisions to offer low prices often attract competitive entry; whereas decisions to offer unique products generally discourage market entry by new competitors.
The competitive entry is low because low prices can be easily matched by competitors, but unique products are more difficult to replicate.
Low price put the risk on a firm because the firm has to decrease its production cost to keep earning profit from the lower selling price. Without lower production cost, it is impossible for the firm to earn profit. However, this strategy will be effective especially on a price sensitive market. The sudden increase on demand will attract more competitors who will try to sell their products at even lower price. This move will decrease the firm's demand and push the firm to lower its selling price to keep its customers.
Therefore, offering unique products can provide a competitive advantage and discourage new competitors from entering the market. Offering unique products can be discouraging the new competitors because they need further research and design about the new products. These research and design process consume both time and cost.
Moreover, since the product is new in the market, there is no success guarantee for it. The new competitors tend to hold themselves and see the market responses towards the new products before entering the market and competing with the current producers.
Learn more about Competitive Entry here: brainly.com/question/17218903
#SPJ11
____________. consumers demand different amounts at every price, causing the demand curve to shift to the left or the right.
Change in Demand is the consumers demand different amounts at every price, causing the demand curve to shift to the left or the right.
What factors influence demand?Changes in customer income, consumer preferences, the price of related goods, demographics, customer expectations, and advertising and marketing are all factors that can cause a change in demand. In general, an increase in consumer income leads to an increase in demand for ordinary goods, whereas a decrease in income can lead to a decrease in consumption. Changes in consumer preferences or demographics can also have an impact on the demand for specific goods and services. Demand can be influenced by the price of related goods such as substitutes and complements. Finally, advertising and marketing have the ability to influence consumer perceptions and generate demand for new or existing products.
To know more about Aggregate demand Visit:
brainly.com/question/29678391
#SPJ4
Type the correct answer in the box. Spell all words correctly.
What is the criterion for companies to be covered under the EEOC laws?
Companies with
or more employees are covered under the EEOC laws.
If the subject of your complaint is age discrimination, the business is subject to the laws we uphold if it has twenty or more workers who have worked there for at least 15 to 20 calendar weeks.
What is business in plain English?A corporation is a place where people get together to work. People work in a business to produce and market goods and services. The goods and services are purchased by other individuals. The individual who recruits employees is the business owner.
What function does the company serve?A business's responsibility is to manufacture and market products and services in order to meet customer demands. Corporate social responsibility (CSR), according to Company News Daily, is "a business approach that entails participation in activities that help a society."
To know more about business visit:
https://brainly.com/question/15826604
#SPJ1
people enjoy water skiing and surfing equally well in the macro islands. if the price of water skis increased drastically, how would the ski rope market be affected? demand / supply / price / quantity
The ski rope market will be affected as: Decrease in demand, No Change in supply, Decrease in price and Decrease in quantity.
The market refers to the entire population of buyers and sellers in the region or area under consideration. The topic could be Earth as well as different countries, states, regions, and cities. The market forces of supply and demand determine the value, cost, and cost of the goods traded.
One could refer to the process as a market in which the prices of goods and services are determined. With the help of markets, trade can be facilitated as well as resources can be distributed and allocated in a society.
Every tradable good can be evaluated and priced thanks to markets. A market either more or less naturally develops or may be purposefully created through human interaction in order to facilitate the exchange of rights.
To learn more about market: https://brainly.com/question/14225381
#SPJ4
which practice enables hr professionals to develop performance measures? question 3 options: job analysis position analysis performance appraisal job evaluation
The practice that enables HR professionals to develop performance measures is job analysis.
What is meant by Job analysis?Job analysis is a process of systematically studying and gathering information about a job to determine its duties, responsibilities, and required skills and knowledge. Through job analysis, HR professionals can identify the key performance indicators (KPIs) that are necessary to measure job performance. These KPIs can then be used to develop performance measures, such as goals, objectives, and targets, that are aligned with the job requirements and organizational objectives. By using job analysis to develop performance measures, HR professionals can ensure that the measures are relevant, valid, and reliable, and that they effectively measure job performance.
To know more about Job analysis, check out:
https://brainly.com/question/13164103
#SPJ1
georgia, a widow, has take-home pay of $1,200 a week from her part-time job. her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period. what amount would she receive in disability benefits if an illness kept georgia off work for 18 weeks? (do not round intermediate calculations.)
$11760 If Georgia missed work for 18 weeks due to illness, she would receive disability benefits.
What is Disability Benefit payment?A person must meet the Social Security Act's definition of disability in order to be eligible for disability benefits (Act). According to the Act, a person is considered disabled if they are unable to work because of a serious medical condition that has persisted for at least a year or is anticipated to do so or cause their death.
Disability Benefit payment = Payment * weeks
Payment = Homepay * Insurance coverage percent
= 1200 * 0.70
= 840
Weeks = Total weeks - waiting weeks
= (18 - 4)
= 14
DBP = 840 * 14
= 11760
= $11760
To know more about disability benefits, visit:
https://brainly.com/question/8989878
#SPJ1
if you owe suppliers $100 and typically buy $20 worth of products per day, then your days payable equals:
if you owe suppliers $100 and typically buy $20 worth of products per day, then your days payable equals: 5 days.
To calculate your days payable, you can use the following formula:
Days Payable = (Accounts Payable / Average Daily Purchases)
To use this formula, you first need to calculate your average daily purchases. In this case, you typically buy $20 worth of products per day. Therefore, your average daily purchases are $20.
Next, you can plug in the values into the formula:
Days Payable = ($100 / $20) = 5
Therefore, your days payable is 5. This means that it takes you an average of 5 days to pay your suppliers.
To know more about days payable here
https://brainly.com/question/13004073
#SPJ4
the band is breaking up and rob, sue, tim and vito each want the tour bus. using the method of sealed bids, rob bids $4600, sue bids $3100, tim bids $2400, and vito bids $7100 for the bus. since vito's bid is the highest, he gets the bus and has to compensate the others to make the division fair. how much money will rob get from vito?
Competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
What are sealed bids?A technique of contracting known as sealed bidding uses competitive bids, public opening of bids, and awards.
There are several steps involved: (a) The creation of bid invites. Invitations must clearly, thoroughly, and accurately outline the government's requirements.
There is no longer a need for negotiations, and the format for best and final offers ensures that prospective purchasers always disclose their budgets.
This is advantageous for sellers since it ensures a high price and drives away potential later-pulling-out purchasers.
So, the money that Rob gets from Vito:
= 7100 - 4600
= $2,500
Therefore, competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
Know more about sealed bids here:
https://brainly.com/question/16976897
#SPJ1
was the argument today between neil and susan the true conflict or a symptom? what evidence do you have to suggest it is merely a symptom of a larger problem? 2. explain how differentiation plays a large role in the problems that exist between susan and neil. 3. develop a conflict management procedure for your meeting in 30 minutes. create a simple script to help you anticipate the comments you are likely to hear from both parties. 4. which conflict resolution style is warranted in this case? why? how might some of the other resolution approaches be inadequate in this situation?
When one state provides a certain person with protection that another state does not, there is a real conflict when the court of the state that does not provide the protection is asked to apply the law of the state providing the protection.
What is a true conflict?A real dispute needs to be settled. It will become larger and have a bad effect if it is not resolved. Your kid is struggling with drug use. You and the child's other parent disagree on how to step in. The youngster is not assisted since there is no intervention. This really is a conflict. A grant proposal must be written by you and your coworker.
The best way to prepare the proposal and how much time you should devote to it are in dispute. As a result, there is a chance that the proposal won't be top-notch and won't be finished on time. Therefore, there is a chance that your company won't get this crucial funding. This really is a conflict.
Learn more about the true conflict here:
https://brainly.com/question/14925198
#SPJ1
when a business grows through unrelated diversification, acquiring companies in different industries, it is called .
Conglomeration is described as the act of expanding through unconnected diversification, essentially by buying businesses in several industries.
The purchase of a franchise has which of the following drawbacks?Having a franchise has drawbacks.
Because they must pay royalties to the franchisor, franchisees are forced to endure greater operating franchise costs. They must also abide by the guidelines established by the franchisor, who is the owner of a large portion of your potential future earnings.
What drawback does every franchisee experience with the business model?A franchise has numerous benefits, but there are also many drawbacks, despite the fact that many franchises are turnkey, making them fantastic business opportunities. Due to the fact that a franchise is not entirely independent, this is the main drawback that many franchisees experience.
To know more about Conglomeration visit:
https://brainly.com/question/30438734
#SPJ4
How Do Tariffs Protect Domestic Industries?
Answer: Look or use explanation
Explanation:
Tariffs are taxes imposed on imported goods, and they are used to protect domestic industries by making foreign products more expensive. This increases the price competitiveness of domestic products, making them more attractive to consumers and allowing domestic producers to sell more of their goods. By making foreign goods more expensive, tariffs reduce the incentive for domestic consumers to purchase imports and instead encourage them to buy domestically produced goods.
For example, if a tariff is imposed on imported cars, domestic car producers would be protected as consumers would be more likely to buy cars produced domestically rather than those produced abroad. This could help the domestic car industry grow and create more jobs, as well as increase the demand for domestically produced components and raw materials.
However, it's important to note that tariffs can also have negative effects, such as increasing prices for consumers, reducing economic efficiency, and leading to retaliation from other countries. Additionally, tariffs may lead to the development of monopolies and reduced competition in domestic markets, which can result in higher prices and reduced quality for consumers.
in its 1st year of operation, jetway airlines paid salaries expense of $40 million. on december 31, it recorded an entry for additional salaries expense of $2 million that will be paid at the beginning of the 2nd year. what should jetway report in the income statement and balance sheet for its first year ended december 31?
The $2 million entry to record the increased wages expenditure will be recognised on the balance sheet as a current obligation at December 31, when the expenditure is paid in the second year.
What is an income statement?A financial statement that reports a company's financial success over a certain accounting period is known as an income statement. It displays a company's revenue, costs, and net income for the specified time period. One of the three basic financial statements used to analyse a company's financial status is the income statement.
The entry of $2 million to record the additional salaries expense that will be paid in the 2nd year will be recorded as a current liability on the balance sheet at December 31, as the expense has been incurred but not yet paid. This amount will be reported on the income statement in the 2nd year when the expense is paid.
Income Statement:
Salaries Expense: $42 million
Balance Sheet:
Accrued Salaries Payable: $2 million
To know more about income statement, visit
brainly.com/question/28035395
#SPJ1
The first stage of sales is
O attention
O desire
O conviction
interest
The first stage of sales is D. Interest.
What is the first stage of sales ?The first stage of the sales process is typically referred to as "Interest." This stage is when the potential customer first becomes aware of a product or service and begins to show some interest in it. This could be due to a variety of factors, including marketing campaigns, word-of-mouth recommendations, or their own research and exploration.
During the interest stage, the salesperson's goal is to engage with the potential customer, build rapport, and gather information about their needs and requirements.
Find out more on stages of sales at https://brainly.com/question/12214999
#SPJ1
the price of a stock, which pays no dividends, is $30 and the strike price of a one-year european call option on the stock is $25. the risk-free rate is 4% (continuously compounded). which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound? (since a continuously compounded risk-free interest rate is given, you have to use e^-rt as an appropriate discount rate). show your work. no credit for the correct answer without showing work. a) $5.00 b) $5.98 c) $4.98 d) $3.98
the price of a stock, which pays no dividends,Rate =4%
Number of years =1 Lower bound for the option= Stock Price - Strike Price*e-rt =30-25*e^(-4%*1) = 5.98
Stock, also referred to as capital stock, is the term used to describe all of the shares that make up a corporation's or company's ownership in the financial industry. [1] In especially American English, the word "stocks" is widely used to refer to shares. [1] [2] Based on the total number of shares, each share of stock represents a small portion of the company's ownership. After paying off all senior claims, such as secured and unsecured debt, the shareholder (stockholder) will then typically be entitled to that portion of the company's earnings, proceeds from the sale of company assets, or voting rights, with these rights frequently being distributed in proportion to the amount of money each stockholder has invested. Not every share of stock is created equally, as some could
Learn more about stock:
https://brainly.com/question/29992015
#SPJ4
suppose that your income remains unchanged, but the price of gasoline decreases. you can afford to purchase more gasoline, because there has been:
The Demand curve shows the relationship between the price of a good or service and the quantity demanded over a period of time.
Demand curves can be used to determine the price-to-volume relationship for an individual consumer or for all consumers in a given market. When income stays the same but the price of gas goes down.
They can afford to buy more gas because there has been downward movement along the existing demand curve, partly explained by the income effect. When gasoline prices fall, demand for large cars increases; This is how the market shows the big car market.
Demand for large cars is shifting to the right due to lower prices, resulting in higher consumption of gasoline cars. Greater demand for cars with existing supply will increase their prices.
To know more about Demand Curve,
brainly.com/question/26380011
#SPJ4
why meta asks many managers to get back to making things or leave?
Meta, has a culture of prioritizing rapid innovation and growth. The company is constantly seeking to develop and launch new products and features, and it values individuals who can move quickly and adapt to change.
As the company has grown, it has become more bureaucratic, which can sometimes impede its ability to move quickly. In order to maintain its focus on innovation and growth, Meta has sometimes asked managers who are not directly contributing to these goals to either get back to making things or leave the company. This approach is meant to ensure that the company has a high-performing workforce that is aligned with its mission and values.
Additionally, Meta's leadership believes that having a flat organizational structure helps it to move more quickly and stay focused on its goals. By minimizing the number of managers and ensuring that everyone is focused on creating value for users, the company is better positioned to innovate and compete in the fast-paced technology industry.
To learn more about Meta please click on below link.
https://brainly.com/question/984614
#SPJ4
a deadweight loss results from the imposition of a tax on a good because the tax group of answer choices induces the government to increase its expenditures. reduces the quantity of exchanges between buyers and sellers. causes a disequilibrium in the market. imposes a loss on buyers that is greater than the loss to sellers.
b) A good experiences a deadweight loss when a tax is imposed on it because it decreases the number of exchanges between buyers and sellers.
Describe tax.Tax compliance refers to both governmental activities and individual behavior in order to make sure that taxpayers are paying the correct amount of tax at the right time and receiving the correct tax allowances and tax reliefs.
A tax is a mandatory financial charge or another type of levy that a governing body imposes on a taxpayer (an individual or a business company) in order to cover particular public expenses and administrative costs (regional, local, or national). Between 3000 and 2800 BC, the first taxation in history was enacted in Ancient Egypt. Late payments, tax evasion, and opposition to taxation are all examples of breaking the law.
Learn more about taxes with the help of the given link:
brainly.com/question/16423331
#SPJ1
the federal reserve is raising interest rates in an attempt to slow down what economic phenomenon that results in increased prices for goods and services.
True or False
Us federal reserve is increasing interest rates inside an effort to curb the economic phenomena that is causing the cost of goods and services to rise. True
Who is in charge of the Federal Reserve?The Board of Governors is the group responsible for overseeing the Federal Reserve System, and it is based in Washington, D.C. The seven individuals who serve as its "governors" are chosen by us president and ratified by the Senate.
How strong is indeed the Federal Reserve System?The Federal Reserve, sometimes known as the Fed, is the most potent economic institution around the world, if not the entire country of the United States. Setting interest rates, controlling the money supply, & overseeing the financial system are some of its main functions.
To know more about Federal Reserve visit:
https://brainly.com/question/17097530
#SPJ4
What accounts are inventory invoices placed into?
Inventory invoices are usually placed into one of the following accounts in an accounting system:
Inventory Account: This account is used to track the cost of goods that a business has in stock. The inventory invoices are recorded as a debit in this account.
1. Purchases Account: This account is used to track the cost of goods purchased by a business. The inventory invoices are recorded as a credit in this account.
2. Cost of Goods Sold (COGS) Account: This account is used to track the cost of goods sold by a business. The inventory invoices are recorded as a debit in this account when the goods are sold.
3. Accounts Payable Account: This account is used to track the amount owed to suppliers for goods purchased on credit. The inventory invoices are recorded as a debit in this account until they are paid.
4. The specific accounts that inventory invoices are placed into may vary depending on the accounting system and the business's accounting policies. It's important to consult with an accountant or financial advisor to determine the most appropriate accounts to use for your business.
according to william​ nordhaus, what is one of the main flaws of​ economists’ attempts to measure changes in living​ standards?
One of the main flaws of economists' attempts to measure changes in living standard, according to William Nordhaus, is the difficulty in accurately accounting for changes in the quality and availability of goods and services over time.
One of the main flaws of economists' attempts to measure changes in living standards, according to William Nordhaus, is that they often fail to account for changes in the quality of goods and services over time. For example, economists may fail to consider how improvements in technology or access to new services have improved the quality of life for individuals, families, and communities.
Furthermore, economists tend to focus on economic growth as the primary measure of living standards, but this overlooks other important aspects of life such as leisure, health, and education.
To learn more about William Nordhaus link is here:
brainly.com/question/19516844
#SPJ4
"We apologize, but your tax return processing has been delayed beyond the normal timeframe" it means _____
"We apologize, but your tax return processing has been delayed beyond the normal timeframe" it means default revenue services of country and when your return is likely to take more than the standard day refund processing timeline.
The tax return is the amount of money return when individual suppose to submit the income tax department of country.
We apologize, but your tax return processing has been delayed beyond the normal timeframe" it means default revenue services of country and when your return is likely to take more than the standard day refund processing timeline. If you made math errors or forgot to sign your return or include your Social Security number.
To know more about tax return here,
https://brainly.com/question/21214035
#SPJ4
below are amounts for two companies: beginning accounts receivable (net) ending accounts receivable (net) net credit sales company 1 $ 1,700 $ 1,400 $ 20,000 company 2 3,500 1,900 74,000 required: 1. for each company, calculate the receivables turnover ratio. 2. which company appears more efficient in collecting cash from sales?
1. The Receivables Turnover Ratio for company 1 is 13.33 and for company 2 is 36.67.
Company 1 Receivables Turnover Ratio = Net Credit Sales / Average Accounts Receivable = 20,000 / (1,700 + 1,400) / 2 = 13.33
Company 2: Receivables Turnover Ratio = Net Credit Sales / Average Accounts Receivable = 74,000 / (3,500 + 1,900) / 2 = 36.67
2. Company 2 appears to be more efficient in collecting cash from sales, since its receivables turnover ratio is much higher than that of Company 1. Company 2's faster turnover of receivables could be a result of its customers paying their bills more quickly, or the company itself having more effective processes in place for collecting payments from customers. In either case, Company 2 appears to be better at collecting cash from sales than Company 1.
To know more about Receivables Turnover Ratio click here
https://brainly.com/question/16447941
#SPJ4
if harry and meghan specialize and trade, what would be the possible range for the price of one scone (in terms of muffins)
The price of a single scone (in words of muffins), if the couple specialise and trade, would depend upon that production cost of making each good as well as the trading conditions that they decide upon.
Why Do Production Costs Exist?Every one of the direct and indirect costs pay or profit when producing a good or rendering a service are referred to as production costs. Various costs, including labour, raw materials, consumable fabrication supplies, and general overhead, can be included in production costs.
What is a good illustration of production costs?Costs associated with production may include labour, commodities, or consumable supplies. The costs incurred to obtain production factors like labour are referred to as the cost of manufacture in economics.
To know more about production cost visit:
https://brainly.com/question/29489686
#SPJ4
would you be willing to issue a clean audit opinion for the client if they make all the adjusments for items on the summary of unadjusted misstatements?
An audit opinion is a formal statement issued by an independent auditor after conducting an audit on the financial statements of a company.
It provides an assessment of the fairness and reliability of the financial statements in accordance with applicable accounting standards and regulations.In order for an audit to issue a clean (unqualified) audit opinion, the financial statements must be free from material misstatements. If there are any unadjusted misstatements found during the audit, the auditor will discuss these with management and request that appropriate adjustments be made to the financial statements.If management makes all the necessary adjustments to correct the unadjusted misstatements and the auditor is satisfied with the changes, then it is possible that a clean audit opinion could be issued. However, the auditor will need to conduct further testing to ensure that there are no additional material misstatements in the financial statements.
learn more about audit here:
https://brainly.com/question/24317218
#SPJ4